Michigan Township Participating Plan


Dividend Program

As members share responsibility of risk management, they also share the rewards! One of the many benefits of membership in the Par Plan is the Dividend Program.

Through this program, the Par Plan reinvests in its members by providing an annual dividend. The amount of the dividend is determined by criteria set by the Plan’s Board of Directors.

Each year the Board approves a dividend pro rata distribution to qualifying Par Plan members, based on each qualifying member’s premium for the previous years.

The Par Plan is proud of its Dividend Program – an opportunity to provide value back to members and the communities they support.